Carolyn Boroden is a technical analyst specializing in Fibonacci analysis. Her unique form of price and time analysis is quickly proving to be one of the most promising trading techniques using Fibonacci available today. Ms. Boroden's first book, Fibonacci Trading: How to Master the Time and Price Advantage, was published by McGraw-Hill in early 2008. Her services can be found on fibonacciqueen.com, elliottwavetrader.net and realmoney.com.
If you are looking for a methodology that identifies trade set-ups, clearly defines your risk, and also identifies key targets for these trades, you might want to consider using Fibonacci time and price analysis. I will save my explanation of how to apply Fibonacci ratios to the time axis of the market for a future article. In this one, I'd like to focus on the price axis of the market.
Carolyn Boroden addresses the controversial question over why Fibonacci levels work, reveals her "go-to" Fibonacci level, and shares tips on how to draw and analyze charts with confidence.
Carolyn Boroden will share how she uses the Fibonacci ratios on both the time and price axis of the market to identify key support and resistance decisions on the charts. These decisions are considered relatively low-risk, high-probability trade setups. Risk can also be refined even further by using stock options for these trade setups.
Join Carolyn Boroden as she illustrates how she continues to use her Fibonacci methodology in the current market environment. Ms. Boroden applies Fibonacci to both the time and price axis of the market to define relatively low-risk high-probability setups for her traders.
Carolyn Boroden explains how using timing measures enhances your trading. Developing an edge through Fibonacci analysis
Carolyn Boroden explains why you don't need to know where the market is going to make money. What is most important is seeing trade set-ups, whether they are extensions of trends or pullbacks.
Fibonacci Trading: How to Master the Time and Price Advantage
Made famous by the Italian mathematician Leonardo De Pisa, the Fibonacci number series holds a Golden Ratio that is universally found in nature and used by architects, plastic surgeons, and many others to achieve "perfect" aesthetic proportions. Now, in this groundbreaking guide, noted technical trading advisor Carolyn Boroden shows you how Fibonacci pattern studies can be used as an extremely effective method for achi